The CFTC and the Bank of England entered into a Memorandum of Understanding relating to the supervision of clearinghouses operating on a cross-border basis in the United States and the United Kingdom.
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In a "Midyear 2020 Advocacy Report," FIA highlighted efforts to address the COVID-19 related economic and operational issues.
Senate Agriculture Committee Chair Pat Roberts expressed concern over the impact of a trade war with China and CFTC Commissioners emphasized the importance of price discovery and block trading in agricultural futures contracts.
Board of Governors of the Federal Reserve System member Lael Brainard discussed the importance of facilitating FinTech innovation while also allowing consumers to maintain control over their financial data.
In a farewell address, CFTC Commissioner Sharon Y. Bowen reflected on agency accomplishments during her tenure and highlighted "unfinished business."